Job Description
Position Overview
Job Title: Operations Manager, VP
Location: Bangalore
Role Descriptiopn
VP is responsible for upholding the profitability and values of an organization by leading business operations. Their duties include consulting with senior leadership personnel to determine business goals or initiatives, visiting with Directors or Department Managers to relay information about company needs and reviewing operational data to make inferences about their organization’s success.
VP should have command on the business domain and should be familiar with Investment banking concepts specifically related to German markets/European markets.
Domain knowledge on one or multiple sub-domains is preferred. Major domain areas listed below:
VP should have 15+ years’ experience in people management & performance management. Good command on German language with certification from premier institute will be an added advantage.
Asset Services e.g., Corporate Actions, Reconciliations- Income/Stocks
Trade Processing- Trade Lifecycle, Settlements (Matching/Fails), Non-Trades, Cancellation and Corrections
Tax Services - International Tax Reclaims, Compensation Tax Processing (Abgeltungssteuer), US Tax reporting
Operations Control - Securities activation
What We’ll Offer You
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your Key Responsibilities
• Strategic Planning: Develop and implement operational strategies aligned with the bank’s overall goals and objectives.
• Performance Monitoring: Establish and Deliver Key Performance Indicators (KPIs) to measure operational performance, track progress and identify areas for improvements.
• BAU Deliveries: Ensure excellent business deliveries by monitoring service quality, addressing issues and complaints and implements measures to enhance the overall business quality
• Process Improvement: Identify areas for operational efficiencies through automation, process reengineering and digitization initiatives
• Risk Management: Assess and mitigate operational risks, develop contingency plans, and ensure compliance with regulatory requirements
• Team Management: Supervise and lead a team of operations Manger and staff, provide guidance, and foster a culture of collaboration and high performance
• Budgeting and Cost Control: Develop and mange budgets for operations, monitor expenses and identify cost-saving opportunities
• Technology and Systems: Oversee the implementation and maintenance of technology systems to support operational processes and ensure data security
• Relationship Management: Collaborate with internal Stakeholders such as Senior Management, risk and compliance teams, and other departments to ensure operational alignment and effective communication
• Regulatory Compliance: Stay updated on banking regulations, policies and ensure operational processes adhere to all legal and regulatory requirements
• Business Continuity Planning: Develop, Follow, and implement plans to mitigate Operational disruptions and ensure business continuity in the event of crises
• Reporting and Analytics: Monitor operational metrics, generate reports, and provide data-driven insights to Senior Management regularly for informed Decision Making
• Transitions & Transformations: Manage the Operational impact of Organizational changes for all market driven and client driven changes. Ensure all transformations are successfully absorbed with no service disruption
• Talent Development: Identify Skill gaps, provide training and development opportunities for operations staff and foster a culture of continuous learning
• Stakeholder Communication: Effectively communicate operational updates, challenges and strategic initiatives to Senior Management, Council Members and Other stakeholders
• Quality Assurance: Implement quality control processes and standards to ensure accuracy, compliance, and adherence to Service Level Agreements
• Team Development: Recruit, hire, train and mentor operations manager and staff members providing guidance and support for their professional growth
• Performance Management: Set performance objectives, conduct performance evaluations, provide constructive feedback, and address any performance issues within the team
• Workforce Planning: Assess staffing needs, develop staffing strategies an create succession plans to ensure adequate staffing levels and talent pipeline
• Employee Engagement: Foster a positive work environment, promote employee satisfaction and engagement, and implement initiatives to enhance employee morale
• Diversity and Inclusion: Promote diversity and inclusion within the operations team, fostering an inclusive work environment that values different perspectives and experiences.
Your Skills And Experience
• Bachelor's degree or equivalent combination of education and experience. Bachelor's degree in Commerce is preferred.
• Master’ degree in Commerce or business administration from reputed institute would be an added advantage.
• German Language certification from premier Institute (Preferred)
• 15+ years of overall experience
• 7-8 years of leadership experience
• Experience working with international clients preferably with Banking captive or 3rd party organizations.
Other Qualifications
• Excellent Inter-personal and Public Speaking Skills
• Proven Strategic Planning and Budgeting Experience
• Strong sense of Teamwork
• Sense of Risk Management
• Design, creativity, and problem-solving skills
• Integrity, ethical standards, and sound judgment
• Excellent command on MS Office skills particularly MS Excel and Power point
• Human relations skills to select, develop, mentor, discipline, and reward employees
How We’ll Support You
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
About Us And Our Teams
Please visit our company website for further information:
https://www.db.com/company/company.htm
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides
Job Title: Operations Manager, VP
Location: Bangalore
Role Descriptiopn
VP is responsible for upholding the profitability and values of an organization by leading business operations. Their duties include consulting with senior leadership personnel to determine business goals or initiatives, visiting with Directors or Department Managers to relay information about company needs and reviewing operational data to make inferences about their organization’s success.
VP should have command on the business domain and should be familiar with Investment banking concepts specifically related to German markets/European markets.
Domain knowledge on one or multiple sub-domains is preferred. Major domain areas listed below:
VP should have 15+ years’ experience in people management & performance management. Good command on German language with certification from premier institute will be an added advantage.
Asset Services e.g., Corporate Actions, Reconciliations- Income/Stocks
Trade Processing- Trade Lifecycle, Settlements (Matching/Fails), Non-Trades, Cancellation and Corrections
Tax Services - International Tax Reclaims, Compensation Tax Processing (Abgeltungssteuer), US Tax reporting
Operations Control - Securities activation
What We’ll Offer You
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your Key Responsibilities
• Strategic Planning: Develop and implement operational strategies aligned with the bank’s overall goals and objectives.
• Performance Monitoring: Establish and Deliver Key Performance Indicators (KPIs) to measure operational performance, track progress and identify areas for improvements.
• BAU Deliveries: Ensure excellent business deliveries by monitoring service quality, addressing issues and complaints and implements measures to enhance the overall business quality
• Process Improvement: Identify areas for operational efficiencies through automation, process reengineering and digitization initiatives
• Risk Management: Assess and mitigate operational risks, develop contingency plans, and ensure compliance with regulatory requirements
• Team Management: Supervise and lead a team of operations Manger and staff, provide guidance, and foster a culture of collaboration and high performance
• Budgeting and Cost Control: Develop and mange budgets for operations, monitor expenses and identify cost-saving opportunities
• Technology and Systems: Oversee the implementation and maintenance of technology systems to support operational processes and ensure data security
• Relationship Management: Collaborate with internal Stakeholders such as Senior Management, risk and compliance teams, and other departments to ensure operational alignment and effective communication
• Regulatory Compliance: Stay updated on banking regulations, policies and ensure operational processes adhere to all legal and regulatory requirements
• Business Continuity Planning: Develop, Follow, and implement plans to mitigate Operational disruptions and ensure business continuity in the event of crises
• Reporting and Analytics: Monitor operational metrics, generate reports, and provide data-driven insights to Senior Management regularly for informed Decision Making
• Transitions & Transformations: Manage the Operational impact of Organizational changes for all market driven and client driven changes. Ensure all transformations are successfully absorbed with no service disruption
• Talent Development: Identify Skill gaps, provide training and development opportunities for operations staff and foster a culture of continuous learning
• Stakeholder Communication: Effectively communicate operational updates, challenges and strategic initiatives to Senior Management, Council Members and Other stakeholders
• Quality Assurance: Implement quality control processes and standards to ensure accuracy, compliance, and adherence to Service Level Agreements
• Team Development: Recruit, hire, train and mentor operations manager and staff members providing guidance and support for their professional growth
• Performance Management: Set performance objectives, conduct performance evaluations, provide constructive feedback, and address any performance issues within the team
• Workforce Planning: Assess staffing needs, develop staffing strategies an create succession plans to ensure adequate staffing levels and talent pipeline
• Employee Engagement: Foster a positive work environment, promote employee satisfaction and engagement, and implement initiatives to enhance employee morale
• Diversity and Inclusion: Promote diversity and inclusion within the operations team, fostering an inclusive work environment that values different perspectives and experiences.
Your Skills And Experience
• Bachelor's degree or equivalent combination of education and experience. Bachelor's degree in Commerce is preferred.
• Master’ degree in Commerce or business administration from reputed institute would be an added advantage.
• German Language certification from premier Institute (Preferred)
• 15+ years of overall experience
• 7-8 years of leadership experience
• Experience working with international clients preferably with Banking captive or 3rd party organizations.
Other Qualifications
• Excellent Inter-personal and Public Speaking Skills
• Proven Strategic Planning and Budgeting Experience
• Strong sense of Teamwork
• Sense of Risk Management
• Design, creativity, and problem-solving skills
• Integrity, ethical standards, and sound judgment
• Excellent command on MS Office skills particularly MS Excel and Power point
• Human relations skills to select, develop, mentor, discipline, and reward employees
How We’ll Support You
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
About Us And Our Teams
Please visit our company website for further information:
https://www.db.com/company/company.htm
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides
💡 Quick Summary
Seeking a career-building opportunity? The DB IS Operations India | Operations Manager| VP position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
